The global patient temperature monitoring market is growing rapidly, witnessing huge demand. Moreover, the recent coronavirus epidemic is estimated to bring a heavy rise in market sales. The demand for advanced devices for remote monitoring of patient temperature is hiking due to social distancing norms imposed to control the spread of COVID 19. According to Market Research Future (MRFR), the already booming global patient temperature monitoring market is estimated to grow at 6.1% CAGR during the forecast period
Body temperature monitoring enables healthcare professionals to assess acute illness, inflammation, infection, and antigenic responses. It also assists in characterizing the disease and analyzing the effectiveness of treatment. It is performed using various non-invasive methods and devices on different body areas, such as the mouth, ear, armpit, rectum, and forehead. Moreover, the latest Patient Temperature Monitoring Market, such as the adoption of wearable temperature sensors and remote monitoring technologies, is expected to escalate the market demand on furthered height.
Monitoring vital health parameters, such as blood pressure, temperature, and heart, is crucial in treatments. Non-invasive monitoring devices are attracting a large following due to advantages such as patient comfort, avoiding penetration of the body, low risk of infection, and others. The advancements in sensor technology, such as greater accuracy, are driving a technological disruption of the healthcare monitoring devices industry.
Patient Temperature Monitoring Market Segmentation
The global patient temperature monitoring market is segmented based on product, site, application, end-users.
The patient temperature monitoring market, by product, the market is segmented into wearable continuous monitoring sensors, smart temperature monitoring patches, table-top temperature monitoring devices, handheld temperature monitoring devices, and invasive temperature monitoring devices. Table-top temperature monitoring devices is further segmented into non-invasive vital signs monitoring devices and continuous core body temperature monitoring devices. Handheld temperature monitoring devices is further segmented into mercury thermometers, digital thermometers, and infrared thermometers.
Based on site, the market is segmented into non-invasive temperature monitoring and invasive temperature monitoring. Non-invasive temperature monitoring is further segmented into oral temperature monitoring, axillary & temporal artery temperature monitoring, and tympanic membrane temperature monitoring. Invasive temperature monitoring is further segmented into esophageal temperature monitoring, nasopharynx temperature monitoring, urinary bladder temperature monitoring, and rectal temperature monitoring.
Based on application, the market is segmented into pyrexia/fever, hypothermia, blood transfusion, anesthesia, and others.
Based on end-user, the market is segmented into hospitals & clinics, nursing facilities, home care, ambulatory care centers, and others.
Patient Temperature Monitoring Market Regional Analysis
North America dominates the global patient temperature monitoring market. The largest market share attributes to the presence of major market participants and comparatively higher adoption of advanced medical devices in increasing numbers of advanced healthcare centers. Besides, rapid technological advances, excellent reimbursement frameworks, and early uptake of advanced technologies in healthcare increase foster market growth.
Also, high healthcare expenditures provide a large impetus to the patient temperature monitoring market size in the region. The North American patient temperature monitoring market is estimated to retain its leading position in the global market throughout the review period.
Europe stands second in the global patient temperature monitoring market. Market growth is driven by the availability of funds for research and the high adoption of advanced temperature monitoring devices in the region. Moreover, the presence of advanced healthcare infrastructures & flourishing medical devices industry in the region and the growing per capita healthcare expenses of demographics are the major factors increasing the patient temperature monitoring market size.
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